Indian Drugs And Pharmaceuticals Limited
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Indian Drugs And Pharmaceuticals Limited
Indian Drugs and Pharmaceuticals Limited (IDPL) is a public sector pharmaceutical, bulk drug manufacturing and drug discovery company owned by the Indian government, headquartered in New Delhi, and located in Hyderabad, Gurgaon and Rishikesh.: The company is involved in patent development alongside, National Institute of Pharmaceutical Education and Research to provide affordable drugs, and has recently released three over the counter drugs. A new formulation unit was inaugurated in Hyderabad in February 2017. Many attempts have been made to revive IDPL, declared sick by the Board for Industrial and Financial Reconstruction. The Government of India is exploring ways of strategically selling the unit and meet outstanding liabilities. On the 9th of February 2021, the Government of India announced the liquidation of IDPL. See also *National Institute of Pharmaceutical Education and Research, Hyderabad * Pharmaceuticals in India *Dr. Reddy's Laboratories *Genome Valley Genome ...
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Public Sector Undertaking
A state-owned enterprise (SOE) is a government entity which is established or nationalised by the ''national government'' or ''provincial government'' by an executive order or an act of legislation in order to earn profit for the government, control monopoly of the private sector entities, provide products and services to citizens at a lower price and for the achievement of overall financial goals & developmental objectives in a particular country. The national government or provincial government has majority ownership over these ''state owned enterprises''. These ''state owned enterprises'' are also known as public sector undertakings in some countries. Defining characteristics of SOEs are their distinct legal form and possession of financial goals & developmental objectives (e.g., a state railway company may aim to make transportation more accessible and earn profit for the government), SOEs are government entities established to pursue financial objectives and develo ...
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New Delhi
New Delhi (, , ''Naī Dillī'') is the capital of India and a part of the National Capital Territory of Delhi (NCT). New Delhi is the seat of all three branches of the government of India, hosting the Rashtrapati Bhavan, Parliament House, and the Supreme Court of India. New Delhi is a municipality within the NCT, administered by the NDMC, which covers mostly Lutyens' Delhi and a few adjacent areas. The municipal area is part of a larger administrative district, the New Delhi district. Although colloquially ''Delhi'' and ''New Delhi'' are used interchangeably to refer to the National Capital Territory of Delhi, both are distinct entities, with both the municipality and the New Delhi district forming a relatively small part of the megacity of Delhi. The National Capital Region is a much larger entity comprising the entire NCT along with adjoining districts in neighbouring states, including Ghaziabad, Noida, Gurgaon and Faridabad. The foundation stone of New Delhi was l ...
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Hyderabad, India
Hyderabad ( ; , ) is the capital and largest city of the Indian state of Telangana and the '' de jure'' capital of Andhra Pradesh. It occupies on the Deccan Plateau along the banks of the Musi River, in the northern part of Southern India. With an average altitude of , much of Hyderabad is situated on hilly terrain around artificial lakes, including the Hussain Sagar lake, predating the city's founding, in the north of the city centre. According to the 2011 Census of India, Hyderabad is the fourth-most populous city in India with a population of residents within the city limits, and has a population of residents in the metropolitan region, making it the sixth-most populous metropolitan area in India. With an output of 74 billion, Hyderabad has the fifth-largest urban economy in India. Muhammad Quli Qutb Shah established Hyderabad in 1591 to extend the capital beyond the fortified Golconda. In 1687, the city was annexed by the Mughals. In 1724, Asaf Jah I, th ...
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Gurgaon
Gurgaon (pronunciation: ʊɽɡãːw, officially named Gurugram (pronunciation: ʊɾʊɡɾaːm, is a city located in the northern Indian state of Haryana. It is situated near the Delhi–Haryana border, about southwest of the national capital New Delhi and south of Chandigarh, the state capital. It is one of the major satellite cities of Delhi and is part of the National Capital Region of India. , Gurgaon had a population of 1,153,000. Gurgaon is India's second largest information technology hub and third largest financial and banking hub. Gurgaon is also home to India's largest medical tourism industry. Despite being India's 56th largest city in terms of population, Gurgaon is the 8th largest city in the country in terms of total wealth. Gurgaon serves as the headquarters of many of India's largest companies, is home to thousands of startup companies and has local offices for more than 250 Fortune 500 companies. It accounts for almost 70% of the total annual eco ...
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Rishikesh
Rishikesh, also spelt as Hrishikesh, is a city near Dehradun in Dehradun district of the Indian state Uttarakhand. It is situated on the right bank of the Ganges River and is a pilgrimage town for Hindus, with ancient sages and saints meditating here in search of higher knowledge. There are numerous temples and ashrams built along the banks of the river. It is known as the "''Gateway to the Garhwal Himalayas''" and "''Yoga Capital of the World''". The city has hosted the annual "International Yoga Festival" on the first week of March since 1999. Rishikesh is a vegetarian-only and alcohol-free city. The Tehri Dam is just away and Uttarkashi, a popular yoga destination, is uphill on the way to Gangotri. Rishikesh is the starting point for travelling to the four Chota Char Dham pilgrimage places: Badrinath, Kedarnath, Gangotri, and Yamunotri. It's also a starting point for the Himalayan tourist destinations such as Harsil, Chopta, Auli and famous summer and winter trekking d ...
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Pharmaceuticals
A medication (also called medicament, medicine, pharmaceutical drug, medicinal drug or simply drug) is a drug used to diagnose, cure, treat, or prevent disease. Drug therapy (pharmacotherapy) is an important part of the medical field and relies on the science of pharmacology for continual advancement and on pharmacy for appropriate management. Drugs are classified in multiple ways. One of the key divisions is by level of control, which distinguishes prescription drugs (those that a pharmacist dispenses only on the order of a physician, physician assistant, or qualified nurse) from over-the-counter drugs (those that consumers can order for themselves). Another key distinction is between traditional small molecule drugs, usually derived from chemical synthesis, and biopharmaceuticals, which include recombinant proteins, vaccines, blood products used therapeutically (such as IVIG), gene therapy, monoclonal antibodies and cell therapy (for instance, stem cell therapies). ...
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Public Sector
The public sector, also called the state sector, is the part of the economy composed of both public services and public enterprises. Public sectors include the public goods and governmental services such as the military, law enforcement, infrastructure, public transit, public education, along with health care and those working for the government itself, such as elected officials. The public sector might provide services that a non-payer cannot be excluded from (such as street lighting), services which benefit all of society rather than just the individual who uses the service. Public enterprises, or state-owned enterprises, are self-financing commercial enterprises that are under public ownership which provide various private goods and services for sale and usually operate on a commercial basis. Organizations that are not part of the public sector are either part of the private sector or voluntary sector. The private sector is composed of the economic sectors that are intende ...
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Indian Government
The Government of India (ISO 15919, ISO: ; often abbreviated as GoI), known as the Union Government or Central Government but often simply as the Centre, is the Government, national government of the Republic of India, a federal democracy located in South Asia, consisting of 28 union states and eight union territories. Under the Constitution of India, Constitution, there are three primary branches of government: the legislative, the executive and the judiciary, whose powers are vested in a Bicameralism, bicameral Parliament of India, Parliament, President of India, President, aided by the Union Council of Ministers, Council of Ministers, and the Supreme Court of India, Supreme Court respectively. Through judicial evolution, the Parliament has lost Parliamentary sovereignty, its sovereignty as its Amendment of the Constitution of India, amendments to the Constitution are subject to judicial intervention. Judicial appointments in India are unique in that the executive or legisla ...
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Hyderabad
Hyderabad ( ; , ) is the capital and largest city of the Indian state of Telangana and the ''de jure'' capital of Andhra Pradesh. It occupies on the Deccan Plateau along the banks of the Musi River (India), Musi River, in the northern part of Southern India. With an average altitude of , much of Hyderabad is situated on hilly terrain around Hyderabad city lakes, artificial lakes, including the Hussain Sagar lake, predating the city's founding, in the north of the city centre. According to the 2011 Census of India, Hyderabad is the List of cities in India by population, fourth-most populous city in India with a population of residents within the city limits, and has a population of residents in the Hyderabad Metropolitan Region, metropolitan region, making it the List of metropolitan areas in India, sixth-most populous metropolitan area in India. With an output of 74 billion, Hyderabad has the fifth-largest urban economy in India. Muhammad Quli Qutb Shah established Hy ...
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National Institute Of Pharmaceutical Education And Research, Hyderabad
The National Institute of Pharmaceutical Education and Research, Hyderabad (NIPER Hyderabad) is an Indian public pharmaceutical research university. It is one of the seven schools under India's Ministry of Chemicals and Fertilizers. The institute offers Masters and Doctoral degrees in pharmaceutical sciences. As an Institute of National Importance, it plays a major role in human resource development for the Indian pharmaceutical industry. The institute is located at the former R&D Center of IDPL, Bala Nagar and Hyderabad. Counseling for these institutes are held at NIPER, SAS Nagar (Mohali), Punjab. The institute has also taken an appreciable initiative to promote the excellence in developing the medical devices by collaborating with AMTZ vizag. Ranking In 2022 the National Institutional Ranking Framework (NIRF) ranked Hyderabad 2nd in pharmaceutical studies. Courses NIPER Hyderabad offers courses in: * Pharmaceutical Management, M.B.A. (Pharmacy) * Medicinal Chemistry, M. ...
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Government Of India
The Government of India (ISO: ; often abbreviated as GoI), known as the Union Government or Central Government but often simply as the Centre, is the national government of the Republic of India, a federal democracy located in South Asia, consisting of 28 union states and eight union territories. Under the Constitution, there are three primary branches of government: the legislative, the executive and the judiciary, whose powers are vested in a bicameral Parliament, President, aided by the Council of Ministers, and the Supreme Court respectively. Through judicial evolution, the Parliament has lost its sovereignty as its amendments to the Constitution are subject to judicial intervention. Judicial appointments in India are unique in that the executive or legislature have negligible say. Etymology and history The Government of India Act 1833, passed by the British parliament, is the first such act of law with the epithet "Government of India". Basic structure The gover ...
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Pharmaceuticals In India
The pharmaceutical industry in India was valued at an estimated US$42 billion in 2021. India is the world's largest provider of generic medicines by volume, with a 20% share of total global pharmaceutical exports. It is also the largest vaccine supplier in the world by volume, accounting for more than 50% of all vaccines manufactured in the world. With industry standards compliant mega production capabilities and large number of skilled domestic workforce, Indian exports meet the standards and requirements of highly regulated markets of USA, UK, European Union and Canada. According to the Department of Pharmaceuticals, Ministry of Chemicals and Fertilizers, domestic pharmaceutical market turnover reached Rs 129,015 crore (US$18.12 billion) in 2018, growing 9.4 per cent year-on-year and exports revenue was US$17.28 billion in FY18 and US$19.14 billion in FY19. As of 2021, most of pharmaceuticals made in India are low cost generic drug which comprise most of pharmaceutical export ...
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